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MANILA, Philippines – Rockport Power Inc., a licensed retail electricity supplier, has partnered with major distributors, including Manila Electric Co. (Meralco), to capitalize on the expanding retail power market.
In a statement over the weekend, the company expressed confidence in its expansion plans following the government’s decision to lower the minimum electricity consumption threshold to 100 kilowatts (kW) from 500 kW.
READ: New player enters electricity retailing industry
The new rule, which took effect on June 26, covers the retail competition and open access (RCOA) and the retail aggregation program (RAP).
